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Cadence Design Stock Drops Despite Strong Q4, Analysts See Upside
Wednesday, February 19, 2025 - 12:13pm | 641Shares of Cadence Design Systems Inc (NASDAQ:CDNS) were trading lower on Wednesday, despite the company reporting upbeat fourth-quarter results. The results came in amid an exciting earnings season. Here are some key analyst takeaways. Piper Sandler On Cadence Design Systems Analyst Clarke Jeffries...
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Shopify Posts Solid Q4, Analysts Expect Further Market Share Gains
Wednesday, February 12, 2025 - 3:45pm | 661Shares of Shopify Inc (NYSE:SHOP) tanked in early trading on Wednesday, despite the company reporting a fourth-quarter revenue beat. Here are some key analyst takeaways. Piper Sandler analyst Clarke Jeffries reaffirmed a Neutral rating, while raising the price target from $94 to $104. Goldman...
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Autodesk Could Return Capital More Aggressively In 2025: Analyst
Wednesday, January 8, 2025 - 11:50am | 302After the recent pullback, shares of Autodesk Inc (NASDAQ:ADSK) appear more attractive, while the path for outperformance seems "cleaner" in 2025, according to Piper Sandler. The Analyst: Analyst Clarke Jeffries upgraded the rating for Autodesk from Neutral to Overweight, while raising the price...
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Shopify Profitability Remains A Concern, 5 Analysts Offer Commentary On Q1 Earnings
Thursday, May 9, 2024 - 11:17am | 718Shares of Shopify Inc (NYSE:SHOP) tanked in early trading on Thursday, after the company reported its first-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. JMP Securities analyst Andrew Boone upgraded the rating from Market Perform to Market...
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Autodesk's Outlook Has Several Moving Parts, But 7 Analysts Are Raising Forecasts
Friday, March 1, 2024 - 12:47pm | 838Shares of Autodesk Inc (NASDAQ: ADSK) were climbing in early trading on Friday, after the company reported higher-than-expected results for the fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Goldman Sachs analyst Kash Rangan...
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Why This Shopify Analyst Is Bearish, Even After Blockbuster Black Friday Performance
Tuesday, November 28, 2023 - 2:45pm | 294Shopify Inc (NYSE: SHOP) shares were down slightly in trading on Tuesday, following the rally after the company delivered a stellar Black Friday performance. The stock rallied this year, driven by the exit of the logistics business and “newfound emphasis on profitability,”...
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What 6 Shopify Analysts Are Saying About Q4 Results, Q1 Guidance
Thursday, February 16, 2023 - 11:00am | 771Shares of Shopify Inc (NYSE: SHOP) plummeted in premarket trading and are still down with a disappointing outlook. KeyBanc Capital Markets on Shopify Analyst Josh Beck maintained an Overweight rating and price target of $55. “Shopify topped expectations across the board and outlined a 1Q...
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5 Tailwinds That Could Carry Yext Shares Higher
Monday, October 16, 2017 - 2:03pm | 714KeyBanc Capital Markets upgraded shares of Yext Inc (NYSE: YEXT), premised on five tailwinds it sees for the company. The firm sees a favorable risk-reward profile at five times 2018 EV/share. As such, the firm upgraded shares of the company from Sector Weight to Overweight, with a $16 price...
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PROS Holdings May Be One Of The More Interesting Opportunities In Business Services Software
Thursday, June 29, 2017 - 11:09am | 341Pacific Crest said PROS Holdings, Inc. (NYSE: PRO) is one of the more interesting opportunities in its space, given an improving model and 40 percent, plus medium-term subscription growth opportunity. Analysts Ben McFadden and Clarke Jeffries touted the company as an attractive investment...